Inside the Nick Perry deal

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Largely a disappointment in the first four years of his career (the Packers didn’t exercise his fifth-year option), Packers linebacker and former first-rounder Nick Perry parlayed one season as a 12-game starter into a major payday. (The 11 sacks helped.)

Per a source with knowledge of the contract, here’s the breakdown.

Perry receives a signing bonus of $18.5 million, a non-guaranteed 2017 base salary of $1.3 million, a $4.3 million 2018 roster bonus due on the third day of the league year, a non-guaranteed base salary of $1.9 million in 2018, a $4.8 million 2019 roster bonus on the third day of the league year, a non-guaranteed base salary of $5.2 million in 2019, a non-guaranteed base salary of $9.4 million in 2020, and a $9.4 million non-guaranteed base salary in 2021.

The deal also has annual workout bonuses of $400,000 and per-game roster bonuses of $37,500 for each game of each year of the contract. There’s also a $250,000 Pro Bowl escalator each year from 2018 through 2021.

While the signing bonus is the only guaranteed money in the deal, the structure forces early decisions in 2018 and 2019. It’s essentially a year-to-year deal for five years, but if the Packers decide to move on after either of the first two, Perry will hit the market early.

All things considered, Perry turned a one-year, $5 million deal from 2016 into a much higher payday (at least $19.8 million) for one more year. So no matter what happens in 2018 or beyond, Perry did a heck of a lot better than anyone ever would have expected based on the sluggish start to his time in the NFL.

19 responses to “Inside the Nick Perry deal

  1. He got the Packers to keep him for 1 year after being non existent when healthy to be on the field, especially when Matthews wasn’t, and he gets 18 mill for what too many assume will be repeated in the coming season and more. Without another above average pass rusher on the field, Perry will be stealing money and position spot for a better player.

  2. If I were a Packer fan, I’d be a little Leary that his only real good year came in a contract year and now that he got paid he’ll revert back to his first few year’s of production. As a Vikings fan I hope that’s the case.

  3. 26 million is the total take for the first two years and he will get that for sure. The cap hit to cut him before year two would be bigger than if they kept him.

  4. Best pass rusher in FA this year. If he plays like he did last year it is money well spent.

    Now that we signed MB it would be nice to sign TJ. Not a must since we could move Bulaga over and start Spriggs on that side so the line will be fine either way. Now lets find a quality DB.

  5. vikesfan320 says:
    Mar 11, 2017 9:44 AM

    If I were a Packer fan, I’d be a little Leary that his only real good year came in a contract year and now that he got paid he’ll revert back to his first few year’s of production. As a Vikings fan I hope that’s the case.

    =========

    You don’t ‘revert back.’ That is redundant.
    You simply ‘revert.’

  6. Please tell us more about how TT got fleeced Viking fans. Did he give $45 million guaranteed to two second tier o linemen? Did he give up a 1st & 4th for someone to throw checkdowns and finish 3rd in division? Did he give $14m to a child beater to not play? Twice. Perhaps fans of a team that hasn’t won a playoff game since 2009 should stop criticizing a team that holds a record for consecutive playoff appearances and has won a SB since then….

  7. This is what the best franchises do. Draft a guy, develop him for four years, determine he’s a bust because he hasn’t done a thing his entire time in the league, watch him step up in a contract year because he’s finally motivated to get paid, and give him a gigantic free agent contract after deluding yourself into believing he’ll still be motivated even after he got the money.

    Better football. For better people.

  8. Perry has always been a good player when he was healthy early on in his career. The only problem is that he wasn’t healthy much. It’s not like he was not motivated prior to his contract year. He wasn’t really healthy prior to this year. He’s unlikely to fall off due to a lack of motivation, in my opinion. The only question is if he can stay healthy. If he stays healthy then he will be a good signing.

  9. Putting the relevant health issues aside, Perry has been stout against the run for several years. His improvement this season was as a pass rusher. He’s always been strong playing over the TE. Perhaps if Clay had been playing on the outside in 2015 Perry’s numbers would have jumped earlier. Regardless, almost every player in the league has to prove it every year if he’s on the field.

  10. vikesfan320 says:
    Mar 11, 2017 9:44 AM
    If I were a Packer fan, I’d be a little Leary that his only real good year came in a contract year and now that he got paid he’ll revert back to his first few year’s of production. As a Vikings fan I hope that’s the case.

    As I Packers fan, the only thing I am leery of is that he will not be able to shake the injury bug, when on the field Perry has been solid and improving. I don’t see a history of a lazy player who only wants to get paid. I do see an injury history but not a motivation or work ethic issue. I feel like, as a Vikings fan, you are misdiagnosing something you really don’t know anything about.

  11. ariani1985 says:
    Mar 11, 2017 12:20 PM

    Decisions like this makes you perennial playoff losers!
    ——–
    As opposed to perennially missing the playoffs like the Barneys? Please remind me again on how many SuperBowls the purples have won? And who was that mighty team that started the season 5-0 last year and missed the playoffs?

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